AU LIT Credit Card
AU Small Finance Bank · Open to apply
A lifetime-free card with a thin base offer (1 point per ₹100) that you build up by buying separate 90-day features: 5X or 10X points, milestone or category cashback, a fuel surcharge waiver, lounge visits and memberships. The base card alone earns about 0.2%.
- Annual fee
- Lifetime free
- Joining fee
- None
- Base rate
- Retail spends, 1 point per ₹100: 1 AU credit card reward points per ₹100 (about 0.2% at cash value)
- Lounges
- None on record
- Forex markup
- 3.49%
- Data
- From bank documents, checked 23 Oct 2026
Earns nothing on
- No points on cash, quasi-cash, fuel, EV charging, rent, education, government and EMI
Terms the calculator does not value
- The 5X and 10X reward feature (₹199 or ₹299 per 90 days, online or offline). At 10X the card earns 10 points per ₹100 instead of 1 (about 2% at ₹0.20 a point) but costs ₹299 a quarter, so it only pays off at a few thousand rupees of monthly spend on the chosen channel. Not valued here.
- The milestone cashback features (5% or 2% over a 30-day window, ₹199 per 90 days, three times in 90 days, capped at ₹500 or ₹1,000 per 30 days). Not valued here.
- Category cashback of 5% on grocery and apparel, capped at ₹500 per 30 days, and whether that cap is per feature or combined. Price not found.
- The fuel surcharge waiver feature (₹49 per 90 days, 1% on ₹400 to ₹5,000 fills, at most ₹1,500 per 90 days) and the paid lounge visits (₹399 each). Not valued here; the base card has neither.
- Every feature runs 90 days, renews automatically, cannot be switched off in the first 90 days (auto-renew can be turned off after 7 days) and can change "with or without prior notice". The calculator values the base card only.
- The value of a reward point is ₹0.20 only for gift cards and vouchers (2023 notice); other redemption routes and any later change were not found. Points expiry not found.
- BBPS bill payments earn no points, which the calculator cannot separate. The transportation fair-usage fee (from 14 June 2026, MCC 4111, 4112 and 4784) is applied to tolls and FASTag only; non-IRCTC rail and local commute have no category.
- Whether UPI payments on the RuPay variant earn points was not found; they are valued at the base rate.
Sources
- AU Small Finance Bank: Key features of LIT credit card (Product page, the bank's own, read 20 Oct 2026)
- AU Small Finance Bank: LIT credit card terms and conditions (Reward terms, the bank's own, read 20 Oct 2026)
- AU Small Finance Bank MITC with schedule of charges, version 2.22 (30 Sep 2026) (Most important terms (MITC), the bank's own, read 20 Oct 2026)
- AU Small Finance Bank Key Fact Statement V-1.9 (30 Sep 2026) (Schedule of charges, the bank's own, read 20 Oct 2026)
- AU LIT product guide, 17 Dec 2024 (history) (Product page, the bank's own, read 20 Oct 2026)
- AU Small Finance Bank blog: India's first customisable and lifetime free credit card, LIT (Product page, the bank's own, read 20 Oct 2026)
- AU Small Finance Bank notice, revision of reward points usage terms (2 June 2023) (Bank notice, the bank's own, read 20 Oct 2026)
- AU Small Finance Bank LIT credit card product page, with feature prices and membership FAQ (Product page, the bank's own, read 20 Oct 2026)